EconPapers    
Economics at your fingertips  
 

Estimating Human and Physical Capital Stocks in Data-Scarce Environments: A Methodological Note and Application to Guatemala

Josef Loening

International Journal of Applied Econometrics and Quantitative Studies, 2005, vol. 2, issue 1, 84-114

Abstract: This paper presents a methodology to construct time series of human and physical capital, taking into consideration the data-scarce environment of a developing country. A particular focus is placed on the construction of the human capital stock, which is defined by average years of schooling. For the case of Guatemala, a country which is deficient in easily accessible data even within the Latin American context, the paper shows how reliable time series can be obtained for the period 1950-2002. As such, the results of this paper may be useful for data-generating exercises in developing countries with similar constraints. Moreover, the estimates presented here provide a valuable starting point for future regression or growth accounting analyses.

Keywords: Human Capital; Physical Capital; Economic Growth; Guatemala (search for similar items in EconPapers)
JEL-codes: I20 J24 N36 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://www.usc.es/economet/reviews/ijaeqs215.pdf
No

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eaa:ijaeqs:v:2:y2005:i:1_5

Ordering information: This journal article can be ordered from
http://www.usc.es/economet/info.htm

Access Statistics for this article

More articles in International Journal of Applied Econometrics and Quantitative Studies from Euro-American Association of Economic Development
Bibliographic data for series maintained by M. Carmen Guisan ().

 
Page updated 2022-08-03
Handle: RePEc:eaa:ijaeqs:v:2:y2005:i:1_5